this is TS SM we are talking about..i may not used to this kind of exercise but at least i know when he want to do something he really mean it..so u-turn is not part of TS SM character afaik

OK i satisfied..calvintaneng & unker '4000 years of experience' stockraider is officially added in under my ignored list

thanks for the satisfied reply from yinson

there're too many developing nation especially in the whole asia, south america & all africa region that still need to use oil like pre-pandemic..US & west european countries might see a reduction in oil usage but its still a long way to go for other continent to go for maximum green energy

i saw some similar pattern in ccb & fgv post announcement of privatisation takeover offer..i guess the same similar pattern will happen to mmccorp next

@Harryww boustead is because its the institution that offer the price..mmccorp is different..the owner himself offer with high price..RM2.00 is good enough..a lil bit more than that is a bonus..way bigger than that i'm afraid is a wishful thinking

wait until bilis flocked in back collect at support la then can exit on strength

i think many jerung missed the bus when ts sm announced the offer..so many queue at RM1.69 to get a ride..now needs operator to help shake those scare bilis so that other jerung can join the ride

with a market cap of 1.3b & market share nearly 2b, i'll hats off to those shark who can freely play pump & dump on this stock

double top consequences already took place & already ended

this is not a glove company..while glove craze is already over, this counter have so much potential to go..green energy is the future of global aspiration, more & more nations already make a daring move to promote renewable energy

based on TA, slvest already at its bottom..it seems maintained the 30% major pullback theory after a huge jump last time..accumulation time right now before the next hike

i am more interested to those who tangkap pisau last time when it gapped down so much..the volume of those tangkap pisau is quite big..who are these people & what they actually see in serbadk that we missed?

there are many others who invested in chinese con company & lost as well due to their shody business ethic..but we didn't pointing at their skin colour..perompak mana peduli sama warna kulit, janji dapat wang besar maaah

@Eric1969 why are u so racist? MALAY-SIAN what? keep that racist mindset away..corruptor knows no skin colour

looking at the current offer, i will still gain at least around 60% which is not bad at all, further than that will be a bonus for me

fair or not unfortuntely its not for us to decide..we are in a mercy of other major stakeholder..if they accepted it, who are we to bising2? i'll just wait until the next egm..whatever price concluded, that will be the guideline for me to setup my exit plan on this counter

@PSAi3alert i think it is not the one..u can see he kept boasting on his 40 years experience yadayadayada while comfortably hiding behind his computer/laptop using peudoname to sell his story yet didn't gave us any real answer other than his conspiracy theory (as what i will put it that way for a time being)..it's like asking a professional question to an anon /k/tard who claim he have 40/50/60/2 million years of experience where u know the what the result will be

i don't care about serbadk as i didn't trade the counter..im just curious on his claim..thats all

btw, claiming yourself has 40-50 or even 2000 years of experience of yadayadayada background while using pseudoname & hiding behind keyboard won't justified any of anyone's claim..this kind of trick won't always sell

i am still waiting the person who said "Use this cash to provide working capital for serba working capital for its existing projects as well as the fake project loh"

WHAT FAKE PROJECT & PLEASE PIN POINT WHICH SERBADK PROJECT IS FAKE PROJECT?

i read all the things & so far all of it is purely speculations..reading stockraider's comment at 1st seems interesting but then later i feel like reading an artist's gossip as more & more raider spew his comments

anyway , i didn't trade this counter as i will only execute my trade based on the chart when it triggered my buying signal..it's quite a long time serbadk didn't show any strong buying signal to justifiy their movement towards >RM2.00 mark

@flyinv let them fight..they shouldn't enter serbadk in the 1st place..their price movement post 1st wave covid vs their QR posed a lot of question, now its all answered

5. Use this cash to provide working capital for serba working capital for its existing projects as well as the fake project loh...!!

i'm quite puzzling on this "fake project"..can u elaborate what is fake project & can u pin point which serbak project is actually a "fake project"?

i've seen this kind of veraging down practice promoted by those people towards gullible traders/investors in AT on January due to hope in glove production promise, & look what the hell happened to AT right now

don't repeat the same mistake over & over again guys..don't listen to those who promote averaging down to glove counters right now

dear people..NEVER TOPUP A MAJOR MARK DOWN DOWNTREND COUNTER..there were too many cases of people losing money or at least have to wait a very looooong time for profit in averaging down compare to those who averaging up...every glove counters around the world is in decline position..just take a look at mercator, a glove company from poland which is also in declining mode

use ur extra money in other recovery sector..this gloves sector has proved that accumulation period will take a very long time before they slowly comeback as a genuine fundamental..stop imagine for another glove sentiment..it's already over..no more total strict lockdown ala PKP 1.0 as nobody is willing to sacrifice their economy anymore else their last sacrifice will their harakiri once & for all

@SincereStock aahh..that's interesting..so we wait for the next announcement then..thank's for the info

not all counter behave like that la..u can do that to penny goreng stock..we are talking about giant like mmccorp..there's a reason why giant counters never dip too low for no fundamental reason..if not then even airasia can go up to RM10 right now even though its ridiculous like sedania & dataprep which have no fundamental background yet price goreng like no tomorrow

https://www.theedgemarkets.com/article/syed-mokhtar-take-mmc-private-scr-rm294-billion-confirms-edges-report

guys, im not used to this kind of exercise..does this mean that MMCCORP will be out of open market once iit reached RM2.00 price?

afterward

no worry for this counter..for a technical side, this counter have potential due to its current news & at the same time brent oil already breakout 52 weeks high, due to history, there's a potential for brent oil to gain around 50% in coming weeks, do does O&G counters which most likely due to previous history will follow

@yw92712 they will enter when the ride is at its highest peak..then the same mistake happened over & over again..pharma alreaady increase a lot..it needs to be cool down 1st before ny entry can be done..today is a profit taking day for pharma

like i said, only when all other sector having lockdown then u will get another round of glove super rally..until then, long-term invest is the only thing left in gloves

vaccine play this week..not glove..but at least on a positive side the price didnt drop too much today

@ahchong01 why bother u ask? because there're many gullible investors who currently trapped in glove stocks as they entry with fomo during almost at the highest peak..lagi kesian those who believe what KYY told about glove prospect like AT & step into it

pessimist who are not a troll & just purely giving honest opinion is because they didn't want many people to be trap again..its their hard earn money so they deserve to get info from both side of the story..i for one also profitted quite handsomely in ruberex & have a positive side about this counter for quite some time..but current situation have changed a lot, so does my opinion on it too..so its good for investor to read opinion from both side so that they can make a sound decision

O&G sector also allowed to work with 60% capacity iinm

quite relieved seaport will be allowed to operate

i guess tomorrow this counter won't gap down too much

so many important sector can open business with certain % of capacity..i am not sure how market will react to this..suddenly i think the comeback of glove sector will not be like last year albeit the comeback will still be there

https://www.facebook.com/BernamaTV/photos/pcb.4322013561152168/4322009904485867/

@gohkimhock because gloves is really a hot stuff even until now..u try buy any glove stock in huge numbers u will have a bad time trying to find one..that's how scrace glove stocks is

even during this latest upcoming total lockdown, i don't think big sharks want to have anything to do with AT

all glove counters that posted huge leap in profit will reclaim they place in stock price

genting close down
nationwide lockdown
many non-essential business close down

huge money is in the market roaming freely..where will u expect the money will go?

this counter is for u to dump ur money & forget about it for at least next year

get ready for a deep gap down guys

at last...................the moment everyone is waiting for

i told u...we need a total lockdown to re-excite glove sector..half-baked MCO won't help

guys, please..its not about raising of covid-19 cases anymore..it's now all about how our country will handle the MCO..u must remember supply for gloves has improved drastically on global scale no matter how high the demand is..it is now easier to get gloves unlike last year..the drop in ASP globally is the prove

the game now is only about how our government handle MCO..like i said before..we need a total MCO like last time to excite the market once again like last year..if not, then just forget about it

last friday all US main indicator shows either new high or new rebound..even brent oil & gold shows strong rebound pattern..that is not good indicator to gloves stocks..most probably smart money will rush into recovery sector next week

i can see the light at the ned of the tunnel around July 2022 the latest for this counter..its ok to hold it longer..better be patient than missing the train again & again & again & only entry during the highest peak..it's already at their lowest, i doubt they can go way lower than 0.065

i can see the light at the ned of the tunnel around July 2022 the latest for this counter..its ok to hold it longer..better be patient than missing the train again & again & again & only entry during the highest peak

people flocking steel & hc counters..mmccorp is a recovery sector..a slow & steady comeback..suitable for position trade or for invest

weekly chart shows a new fresh 1st breakout

dato keep buying non-stop since december last year until this month..but i detected that only he buyback all the shares, unlike dataprep

reflecting to this counter's 1.1b of shares afloat, i'm not sure how strong dato's action will move this counter up..maybe not as strong as dataprep

but i think next week this counter will still sideway due to people rushed into gloves stock..cases in malaysia & wordlwide increasing in a worrying state

but then, the longer the sideway the stronger the up trend coming afterwards

the longer the sideway, the more power its thrust to go higher..last time the longest sideway it happened is around 3 months from september to november 2020..after that, it shoots to 50% upside for a moonth, rest for a month, then shoot again 50% higher to 2 weeks..learn from its previous history..but i guess for next week it will continue to sideway due to smart money rushed into gloves stock...just chill..RM1.50 seems to be a very strong support, i guess RM1.50 is the lowest support before the next jump

dead cat bounce..told u consolidation period is still not yet finish..its going to awhile even months of roller coaster before the climb started again